Cahill Gordon & Reindel LLP > Washington DC, United States > Firm Profile

Cahill Gordon & Reindel LLP
1990 K STREET, NW
SUITE 950
WASHINGTON DC 20006
United States

Finance > Capital markets: high-yield debt offerings Tier 1

Cahill Gordon & Reindel LLP‘s annual deal flow continues to outstrip its rivals by quite some distance thanks to its sizeable bench of senior practitioners and its strong connections to investment banks such as JP Morgan Securities, Citigroup, Credit Suisse Securities and Morgan Stanley. Team members typically operate in both the leveraged lending and high-yield bond spaces, making them especially adept at handling deals for investment banks. William Miller  is a key name, noted for his abilities on the bank and bond sides of acquisition financings, and Corey Wright  is an increasingly prominent practitioner. Marc Lashbrook and Joshua Zelig  are rising talents. Daniel Zubkoff  retired in 2021 and Douglas Horowitz  has left the firm.

Other key lawyers:

Jonathan Schaffzin; James Clark; William Hartnett; Douglas Horowitz; William Miller; Corey Wright; Marc Lashbrook; Joshua Zelig

Key clients

Deutsche Bank Securities Inc.

Citigroup Global Markets Limited / Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Credit Suisse Securities (USA) LLC

Morgan Stanley & Co. LLC / Morgan Stanley & Co. International plc

Wells Fargo Securities / Wells Fargo Bank, National Association

Work highlights

  • Represented the initial purchasers in a Rule 144A offering of $1.2bn aggregate principal amount of 4.625% senior notes due 2029 by Caesars Entertainment, Inc.
  • Represented represented the initial purchasers in connection with a Rule 144A offering of $650m aggregate principal amount of 3.500% senior notes due 2030 by Catalent Pharma Solutions, Inc.
  • Represented the initial purchasers in connection with a Rule 144A offering of $1.15bn aggregate principal amount of 5.625% senior notes due 2029 and the dealer managers in connection with exchange offers for up to $1,05bn aggregate principal amount of existing debt securities by W. R. Grace Holdings LLC.

Finance > Commercial lending Tier 1

Cahill Gordon & Reindel LLP is highly active in advising banks on leveraged finance transactions, with a considerable deal volume within the space. The group, which is based in New York, has a deep roster of partners with vast experience of working with the premier lenders in the market, including JP Morgan, Credit Suisse, Wells Fargo and Deutsche Bank.  Corey Wright‘s wide-ranging practice spans high-yield bond financings and refinancing, debt and equity offerings and out-of-court debt restructurings. Department stalwart James Clark continues to advise on a range of transactions in addition to sitting on the firm’s executive committee, while Jennifer Ezring  focuses on asset-based lending and leveraged finance deals. Veteran Jonathan Schaffzin is another name to note. Douglas Horowitz, the go-to partner for JP Morgan, left for Gibson, Dunn & Crutcher LLP in April 2022,

Other key lawyers:

James Clark; Jonathan Schaffzin; Corey Wright; Marc Lashbrook; Jennifer Ezring; Joshua Zelig

Key clients

JPMorgan Chase Bank, N.A.

Morgan Stanley & Co. LLC

Credit Suisse

Deutsche Bank

Citigroup Global Markets Inc.

Wells Fargo Securities

Jefferies Finance LLC

Nomura Securities International, Inc.

Mizuho Bank, Ltd.

Truist Securities

Work highlights

  • Represented the lead arrangers in connection with a $1.787bn term loan B incremental credit facility for Caesars Resort Collection, LLC, a subsidiary of Caesars Entertainment, Inc.
  • Represented the lead arrangers in connection with a $5bn senior unsecured revolving credit facility for Dell International L.L.C. and EMC Corporation.
  • Represented ICON in approximately $5.8bn of debt financings for an acquisition.

Dispute resolution > Securities litigation: defense Tier 2

Cahill Gordon & Reindel LLP in New York is best known for its work for financial institutions, and the firm frequently acts for underwriters in 33 Act, 10b5 and rate manipulation cases. The firm is currently acting for anchor client Credit Suisse and its subsidiaries in all US litigation arising from allegations of manipulation of the global foreign exchange markets, a case led by chair of the litigation department Herbert Washer and lead securities litigation partner David Januszewksi. As well as handling litigation for investment banks, asset managers and hedge funds, the firm also has a strong presence in regulatory enforcement matters, for which Bradley Bondi in Washington DC is recognized as a leading expert. He also handling a class action against fintech company Triterras concerning alleged omissions concerning the company’s exposure to a customer and business relationships between defendants. Up-and-coming partners Jason Hall and Sheila Ramesh lead the day-to-day work for two of the firm’s significant clients, Credit Suisse and Deutsche Bank.

Practice head(s):

Herbert Washer; David Januszewski

Other key lawyers:

Jason Hall; Sheila Ramesh

Key clients

KeyBanc Capital Markets

Needham & Co.

China International Capital Corporation Hong Kong Securities

Haitong International Securities Company

Credit Suisse

Deutsche Bank

UBS

S&P Global

Morgan Stanley

Barclays Capital

BofA Securities

CLSA Limited

Goldman Sachs (Asia)

Trevor Milton (billionaire founder and former chairman of Nikola Corporation)

Various hospital funds in litigation against Allianz Global Investors U.S. LLC and related corporate entities

Directors and officers of Patriot National, Inc.

Triterras

Work highlights

  • Representing Credit Suisse and its subsidiaries in all U.S. litigation relating to alleged manipulation of the global foreign exchange (FX) markets.
  • Represented Credit Suisse in defeating a purported class action brought by plaintiffs alleging that Credit Suisse and other banks violated the antitrust laws by colluding to manipulate U.S. Treasury auctions and the pricing of Treasury securities in the when-issued market, and that the banks and certain trading platforms engaged in a group boycott to prevent exchange-style trading of Treasury securities in the secondary market.
  • Representing Credit Suisse in connection with all US litigation relating to the multitrillion-dollar market for US dollar-denominated supranational, sovereign, and agency (SSA) bonds. The complaints generally allege that defendants, including Credit Suisse and other major investment banks, conspired to fix the prices of SSA bonds sold to and purchased from investors in the secondary market.

Finance > Capital markets: debt offerings Tier 2

Cahill Gordon & Reindel LLP‘s dominant position in high-yield debt has provided it with a platform to develop a rounded debt offering practice supported by exceptional bank lending expertise; many of the partners cover the convergence between bank and bond debt. The capital markets team frequently works with longstanding high-yield debt clients that have been upgraded to investment grade status. It also has a particularly strong record in the TMT sector. In 2021, the firm represented underwriters in investment grade financings totalling $6.8bn for Charter Communications. William Miller, Corey Wright and Marc Lashbrook are now the firm’s primary partners operating in the debt offering field. Douglas Horowitz has left the firm.

Other key lawyers:

William Miller; Corey Wright; Marc Lashbrook; James Clark; Jonathan Schaffzin

Key clients

Citigroup Global Markets Inc. / Citigroup Global Markets Limited

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc. / Deutsche Bank AG, London Branch

Morgan Stanley & Co. LLC

Mizuho Securities USA LLC

J.P. Morgan Securities LLC / J.P. Morgan Securities plc

Wells Fargo Securities, LLC

BNP Paribas Securities Corp.

SMBC Nikko Securities America, Inc.

Work highlights

  • Represented the underwriters in a series of senior secured note offerings by Charter Communications Operating, LLC and Charter Communications Operating Capital Corp, wholly owned subsidiaries of Charter Communications, Inc.
  • Represented the underwriters in a number of senior note offerings by VMware, Inc.
  • Represented the initial purchasers in connection with a Rule 144A and Regulation S offering of $500m aggregate principal amount of 0.750% senior notes due 2024 and $350m aggregate principal amount of 1.250% senior notes due 2026 by Mondelez International Holdings Netherlands B.V.

Industry focus > Environment: transactional Tier 2

The environmental group at Cahill Gordon & Reindel LLP stands out for its vast knowledge of financing transactions, evidenced by its involvement in market-leading deals spanning bank lending, M&A, public debt offerings and IPOs. Covering domestic and international environmental law and related ESF matters, the firm is retained in mandates across multiple environmentally-sensitive industries, including energy, heavy manufacturing and mining. Although the team’s core focus is helping clients minimize environmental risk in the context of their operations and business transactions, practitioners are also adept at advising on regulatory developments related to emerging contaminants, and assisting banking and investor clients with environmental and energy regulatory compliance matters. Gregory Battista, who has over three decades’ experience in handling environmental law issues, leads the New York-based group. Peter Gioello takes the lead on several transactions involving highly regulated industries, and has been increasingly focused on ESG issues and corporate M&A deals. ESG, emerging contaminants, remediation and energy regulations are among Lynn Schmidt‘s areas of expertise.

Practice head(s):

Gregory Battista

Other key lawyers:

Testimonials

‘The Environmental team have proved that they are at the forefront of thinking on ESG.’

‘The standout individual at Cahill is Greg Battista who leads the environmental team. I have worked with Greg since the mid 1990s. His breadth of knowledge on environmental issues is outstanding- reflecting the decades of experience that he has working in this field. Greg has the rare gift of combining deep technical knowledge with a highly pragmatic approach. He has the ability to take highly complex facts and to distil these into straightforward and practical advice.’

‘Greg Battista has a very easy-going manner and is highly personable- which to the uninitiated may hide a formidable and sharply independent intellect. He also shows a deep understanding of human nature and how people are likely to react to scenarios. Often it is not so much about the law but how you can explain things and build trust. This combination of skillsets makes Greg a truly exceptional lawyer and he is the ultimate problem solver.’

‘Greg Battista has kept his practice at the forefront of developments for example in relation to ESG. Much of what goes now for ESG are issues that he has been working on for many years- under the banner of sustainability. So although ESG is perceived to be new- most of the issues it relates to eg climate change and biodiversity, are those that he has been working on for nearly 40 years or so.’

‘I have worked with Cahill for a number of years and would have no hesitation in recommending them.’

‘I would particularly like to mention Greg Battista. His legal knowledge and responsiveness is a real strength. I always enjoy working with him and would have no hesitation recommending him to clients.’

Key clients

J.P. Morgan

Credit Suisse

Citigroup Global Markets Inc.

Deutsche Bank

Morgan Stanley

Wells Fargo

UBS

Truist Securities, Inc.

Envigo RMS Holding Corp.

1-800-Flowers

Work highlights

  • Represented the underwriters group led by J.P. Morgan in connection with a $1.15bn notes offering by W.R. Grace Holdings, a chemical manufacturing company with operations across the globe.
  • Acting for Envigo, a leading global provider of research models and services to the pharmaceutical and biotechnology industries, in the sale of Envigo to Inotiv Inc., a leading contract research organization.
  • Represented the initial purchasers in connection with a Rule 144A offering of $900m aggregate principal amount of 3.750% senior secured notes by Calpine Corporation.

M&A/corporate and commercial > M&A: middle-market (sub-$500m) Tier 2

Cahill Gordon & Reindel LLP’s M&A practice has witnessed significant growth over recent years, honing its focus on middle-market M&A, strategic transactions and related financings. Practice co-head Kimberly Petillo-Décossard  handles significant deals across a wealth of industries, also providing support on governance, disclosure and compliance mandates; her team includes Ross Sturman , a lawyer with general corporate, transactional and securities law knowhow, as well as associate Joseph Rosati whose strengths include acquisitions, spin-offs and joint ventures. Named lawyers are members of the New York office.

Practice head(s):

Kimberly Petillo-Décossard; Helene Banks

Other key lawyers:

Ross Sturman; Joseph Rosati

Testimonials

‘Kimberly Petillo-Décossard, Ross Sturman and the team at Cahill genuinely treated me as if I was a member of their own family. They looked out not only for my best interests but what was practical and economical for my business and personal well-being. Always responsive and timely with any and all requests.’

‘I never felt as though I was on the clock with the team at Cahill. They were extremely patient yet worked with a sense of urgency in order to make sure I was comfortable and knowledgeable about every step of the process.’

‘The team is great to partner with. incredibly solutions and detailed focused and pragmatic. work to get the right deal as quickly as possible.’

‘Kimberly Petillo-Decossard and Ross Sturman are excellent operators and a real pleasure to work with.’

Key clients

1-800-FLOWERS.COM, Inc.

Allied World

Arch Capital Group Ltd.

Broadridge Financial Solutions, Inc.

Cable One, Inc.

Dyadic

Embedded Healthcare

Envigo

Horton Outdoor

ICON plc

Kaspien

McWhorter Capital Partners

S&P Global

Shutterstock, Inc.

Trevi Health

Work highlights

  • Advised ICON plc in its acquisition of PRA Health Sciences, Inc., one of the world’s leading global contract research organizations by revenue, providing outsourced clinical development and data solution services to the biotechnology and pharmaceutical industries.
  • Advised 1-800-FLOWERS.COM, Inc in its acquisition of Vital Choice, a provider of wild-caught seafood and sustainably farmed shellfish, pastured proteins, organic foods, and marine-source nutritional supplements.
  • Advised Arch Capital Group Ltd., a Bermuda-based company, in its previously announced acquisition of Watford Holdings Ltd. The client acquired all the common shares of Watford Holdings in an all-cash transaction valued at approximately $700m.

Dispute resolution > Corporate investigations and white-collar criminal defense

Cahill Gordon & Reindel LLP is well known in the market for handling bet-the-company matters, criminal investigations, regulatory issues and enforcement proceedings for corporations and global financial institutions. It has recently been active in a number of fraud cases involving cryptocurrency and continues to handle white-collar matters involving parallel internal investigations. The team is led by Herbert Washer, David Januszewski, and Washington DC’s Brad Bondi, who focuses on criminal and civil corporate and securities matters. Edward Moss joined from O’Melveny & Myers LLP October 2021. Attorneys are based in New York unless otherwise stated.

Practice head(s):

Herb Washer; David Januszewski; Brad Bondi

Testimonials

‘Deep client relationships; sophisticated understanding of financial services.’

‘Cahill has a strong bench of A players and they all work together well.’

‘Brad Bondi is perhaps the best lawyer I have ever encountered and he is a sharp business adviser.’

‘Well regarded in top Washington circles.’

‘The client service at Cahill was outstanding; there was nothing that they couldn’t handle or address quickly.’

‘Brad Bondi assembled and led an outstanding team of partners and associates; he quickly assessed the matters and identified the best resources at Cahill to address them.’

‘Very experienced team with great knowledge of the particularities of the Brazilian anti-corruption compliance and enforcement environment.’

‘Brad Bondi is a great attorney and a well-rounded law practitioner’.

Key clients

Tesla, Inc. (SEC)

Various hospital funds in litigation against Allianz Global Investors U.S. LLC and related corporate entities

Triterras

Ligand Pharmaceuticals, Inc.

Most recent five former directors of Patriot National, its most recent CEO and CFO, and three other officers

Brookfield Asset Management

Global Power Equipment Group

Trevor Milton (billionaire founder and former chairman of Nikola Corporation)

Michelle Morton

Dr. Faustino Bernadett

Martin Silver, former co-Managing Partner of the International Investment Group (IIG)

Thomas Whittle (KPMG)

Work highlights

  • Successfully represented Tesla in an SEC enforcement matter, relating to statements made by Elon Musk via Twitter on August 7, 2018 claiming that there was “funding secured” for a transaction to take the company private.
  • Representing Ligand Pharmaceuticals in connection with the SEC’s investigation of and pending lawsuit against short-seller Gregory “Emmanuel” Lemelson, a hedge fund adviser, and his investment advisory firm, Lemelson Capital Management LLC.
  • Representing five large hospital funds as plaintiffs in connection with fraud claims against Allianz Global Investors U.S. LLC arising from the catastrophic implosion of Allianz’s Structured Alpha investment products.

Dispute resolution > General commercial disputes Tier 3

The New York-based team at Cahill Gordon & Reindel LLP is an established go-to counsel for a variety of financial institutions in its commercial disputes. It further covers litigation relating to antitrust, insurance and reinsurance, first amendment & media, professional liability, and securities. Joel Kurtzberg's broad practice encompasses privacy law, fraud and shareholder derivative cases as well. Tammy Roy is well versed in disputes as well as investigations, while David Januszewksi is a key contact in securities litigation. Herbert Washer chairs the practice, which also includes Landis Best  and new arrival Edward Moss who joined in October 2021 from O’Melveny & Myers LLP.

Practice head(s):

Herbert Washer

Other key lawyers:

Joel Kurtzberg; Tammy Roy; David Januszewksi; Landis Best; Edward Moss

Key clients

S&P Global Inc.

UBS AG

Credit Suisse

NYP Holdings, Inc. and Shawn Cohen

Deutsche Bank

Clearview AI, Inc.

Wells Fargo Bank, N.A.; CSSEL Guernsey Bare Trust

Triterras

Acreage Holdings

Pacific Alliance Group

Work highlights

  • Representing defendants Credit Suisse Group AG and Credit Suisse AG in a shareholder derivative suit brought on behalf of Bayer AG in New York state court against Bayer, its supervisors and managers, and financial advisors for purported breaches of fiduciary duty, aiding and abetting in those alleged breaches, and for civil conspiracy in connection with Bayer’s $66m acquisition of Monsanto.
  • Representing S&P Global in five related actions filed in the Southern District of New York, alleging that S&P made misrepresentations in connection with the rating of a fund that invests in life settlements.
  • Representing Clearview AI, Inc. in multiple putative class action lawsuits filed in New York, Virginia, California, and Illinois federal courts.

Finance > Capital markets: equity offerings Tier 3

Cahill Gordon & Reindel LLP‘s dominance of the high-yield debt market and its peerless connections to underwriters, provides it with a platform for a thriving equity offerings practice. The firm has an especially strong record in sponsor-backed IPOs. The firm frequently acts as designated underwriters’ counsel on a wide range of capital markets products, with versatile partners that operate in the loans and equity and debt offerings spaces. The team recently represented the underwriters in the $879m public offering of common stock by Match Group, in a deal classed as a ‘synthetic exchange’. William Miller  is a key partner and Douglas Horowitz has left the firm.

Other key lawyers:

William Miller; Corey Wright; Marc Lashbrook

Key clients

Citigroup Global Markets Inc. / Citigroup Global Markets Limited

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc. / Deutsche Bank AG, London Branch

Morgan Stanley & Co. LLC

Mizuho Securities USA LLC

J.P. Morgan Securities LLC / J.P. Morgan Securities plc

Wells Fargo Securities, LLC

BNP Paribas Securities Corp.

SMBC Nikko Securities America, Inc.

Citigroup Global Markets Inc. / Citigroup Global Markets Limited

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc. / Deutsche Bank AG, London Branch

Morgan Stanley & Co. LLC

Mizuho Securities USA LLC

J.P. Morgan Securities LLC / J.P. Morgan Securities plc

Wells Fargo Securities, LLC

BNP Paribas Securities Corp.

SMBC Nikko Securities America, Inc.

Work highlights

  • Represented the underwriters in equity offerings totalling some $2.6bn for OneMain Holdings, Inc.
  • Represented the underwriters in equity offerings totalling approximately $1.9bn for Ortho Clinical Diagnostics Holdings plc.
  • Represented the underwriters in a $879m public offering of common stock by Match Group, Inc.

Industry focus > Insurance: advice to insurers Tier 3

Thorn Rosenthal in New York leads the team at Cahill Gordon & Reindel LLP in representing some of the largest insurance companies worldwide in various insurance and reinsurance disputes. The insurance practice regularly leverages the varied general litigation expertise within the firm. This includes acting for clients in an arbitration relating to a novation of a billion-dollar disability reinsurance treaty, in possible high-volume international subrogation claims and with respect to coverage for sexual abuse claims, with New York-based Joel Kurtzberg a key lawyer representing AIG companies.

Practice head(s):

Other key lawyers:

Key clients

Swiss Re

Starr Indemnity & Liability Co.

AIG

Arch Capital Group Ltd.

Centre/Zurich

Credit Suisse

Work highlights

  • Representing Swiss Re in SDNY with respect to a $100 million insurance layer on the GM E&O program with respect to claims by subprime borrowers against ResCap arising out of lending practices by originators of loans securitized by ResCap.
  • Represented several AIG companies with hundreds of millions of dollars in coverage with respect to coverage for sexual abuse claims arising out of Dr. Tyndall’s role as a gynecologist and Dr. Kelly’s role as a men’s health specialist at the student health clinic at USC.
  • Represented Credit Suisse in numerous disputes relating to financing of large-dollar life insurance policies.

M&A/corporate and commercial > Corporate governance Tier 3

The group at Cahill Gordon & Reindel LLP is led out of New York by Helene Banks, Brockton Bosson and internal investigations expert Brian Markley, who ‘stands out as the go-to individual in the team for FCPA-related M&A matters.’ Leveraging their experience of handling the key governance aspects of corporate and M&A deals, the team acted for ICON on its merger with PRA Health Sciences. Also notable is that large public companies such as Arch, S&P and Brookfield turn to the firm for advice. It also advises smaller-scale private companies.

Practice head(s):

Helene Banks; Brockton Bosson; Brian Markley

Testimonials

‘Brian Markley stands out as the go-to individual in the team for FCPA-related M&A matters.’

‘The team show great expertise in dealing with compliance FCPA due diligence matters in corporate transactions. They work for clients that are very active in Latin America and punch above their weight in the regional market.’

Key clients

Brookfield Asset Management

Arch Capital Group

ICON plc

Kaspien

S&P Global

Novonix

Walmart

WeWork

Korn Ferry

Work highlights

  • Assisted ICON with its preparation to consummate its US$12 billion merger with PRA Health Sciences, helping to ensure robust governance around the transaction.
  • Assisted Novonix with their disclosures and structure to meet US requirements and US investor expectations for a public offering in the US and a US listing.

Media, technology and telecoms > Telecoms and broadcast: transactions Tier 3

Cahill Gordon & Reindel LLP in Washington DC is a powerhouse in financing transactions in the telecoms sector, evidenced by a large list of banks relying on the firm for complex transactions in the industry. Practice head Chérie Kiser  has additionally represented several key players in the sector  including Cable One. Kiser works closely with counsel Angela Collins who represents companies operating in the space in negotiations, regulatory compliance, and litigation. Recently the two have handled several complex transactions for Consolidated Communications Inc.  

Practice head(s):

Chérie Kiser

Other key lawyers:

Angela Collins

Testimonials

‘Cherie Kiser’s depth of knowledge and experience in telecom and broadcast surpasses the competitors. This coupled with her exceptional communication and negotiation skills brings a tremendous amount of value to her clients. Whether she is communicating with governmental agencies, negotiating contracts, or conveying complex information to her clients, she does so in a clear concise manner. I have the utmost confidence in Ms. Kiser.’

Key clients

Cable One, Inc.

Morgan Stanley

BofA Securities

JPMorgan Securities

Deutsche Bank Securities

Citigroup Global Markets

Credit Suisse Securities

Mizuho Securities USA

Wells Fargo Securities

BNP Paribas

SMBC Nikko Securities America

Antitrust > Civil litigation/class actions: defense Tier 4

Cahill Gordon & Reindel LLP's antitrust department excels particularly in the financial services space, where it counts a number of leading banks and financial institutions among its clients. The firm is also active in the commodities, transports, and e-commerce sectors. Elai Katz, a ‘brilliant jurist with very strong strategic orientation’, leads the team which is 'always on top of the matter and gives clients full confidence’, and recently gained securities, antitrust and commercial lawsuits specialist Edward Moss, formerly at O’Melveny & Myers LLP. Financial sector experts David Januszewski, Joel Kurtzberg, and Herbert Washer are also recommended for their experience in antitrust class actions and civil litigation. All mentioned attorneys are based in New York.

Practice head(s):

Elai Katz

Testimonials

‘Elai Katz is a great lawyer. Knowledgable, smart, thinks outside the box. Simply the best antitrust lawyer out there (or at the very least – the best “how have you not heard of him?” antitrust lawyer out there.’

‘The Cahill litigation team is always on top of the matter and gives me full confidence when working with them.’

‘The team is lean and mean. Very active partner engagement makes the team efficient and effective. Focus on the key items, efficient in execution.’

‘Elai Katz, combines supreme experience and insight with pleasant personality. Old-style litigator in the positive sense; really interested in the law and precedents and able to see around the curve on that basis.’

‘The team is highly knowledgeable and innovative in all aspects of the litigation process – from procedure through arguments on the merits and ending in strategy. We have been working with many firms on cross border class actions and we can say with much confidence that Cahill’s overall capabilities are exquisite.’

‘Elai Katz – Elai has a combination of skills that are very hard to find – he is a brilliant jurist with very strong strategic orientation which enables the client to obtain the most cost effective advice one can find.’

Key clients

Credit Suisse

American Express

1-800-FLOWERS

Envigo International Holdings

Deutsche Bank

JP Morgan Securities

S&P Global

Walmart

ICON plc

Arch Capital Group

Work highlights

  • Representing Credit Suisse in a sprawling multi-district litigation where plaintiffs filed over 70 complaints alleging that banks colluded and manipulated USD LIBOR in violation of antitrust laws, RICO, and state laws resulting in billions of dollars in damages.
  • Defending Credit Suisse in class action filed in federal court in New York alleging antitrust law violations involving trading in the multi-trillion dollar market for U.S. dollar-denominated supranational, sovereign, and agency (“SSA”) bonds.
  • Continuing to represent Credit Suisse in a major foreign exchange antitrust case alleging conspiracies to manipulate FX rates and widen spreads.

Antitrust > Merger control Tier 5

Cahill Gordon & Reindel LLP advises a range of domestic and international clients, including private equity funds, and major names in retail and aviation, on merger control proceedings, with a focus on securing prompt clearance for strategic acquisitions. The firm also has a notable stable of financial services clients, and advises on competition aspects of cross-border financings, private equity investments, and capital markets transactions. The team is led from New York by Elai Katz , an experienced antitrust practitioner who takes the lead on the firm’s financial services relationships, and handles merger control issues for both corporate transactions and financing. Lauren Rackow is also increasing her profile on the financials services side, building relationships with several of the firm’s major clients.

Practice head(s):

Elai Katz

Other key lawyers:

Lauren Rackow

Testimonials

‘Effective, no nonsense and low ego advice from the team led by Elai Katz. Note that the team strengthened by recent promotion of Lauren Rackow. Low ego means probably less of a public profile than other louder competitors in the NY antitrust bar, but that isn’t a reflection of quality or client satisfaction.’

‘It is a pleasure working with Elai Katz and Lauren Rackow!’

Key clients

1-800-FLOWERS

American Express

Arch Capital Group

Citigroup

Deutsche Bank

Envigo RMS Holding Corp

ICON plc

JP Morgan Securities

Morgan Stanley

PharmaMar

S&P Global

Walmart

Wells Fargo

Work highlights

  • Represented ICON plc in securing approvals around the world for its $12 billion acquisition of PRA Health.
  • Represented Envigo RMS Holding Corp. in its acquisition by Inotiv, Inc.
  • Advised Arch Capital Group Ltd in its multi-party acquisition of Watford Holdings Ltd.

Tax > US taxes: non-contentious Tier 6

Helmed by ‘outstanding’ transactional tax partner Craig Horowitz , Cahill Gordon & Reindel LLP is frequently engaged by a broad roster of blue-chip public companies and financial institutions for assistance in M&A deals, capital markets transactions, mezzanine investments, and restructurings. Aliza Levine concentrates on the federal aspects of big-ticket deals for an array of market-leading investment banks and financial institutions. Ann Creed is noted for her capabilities in leveraged finance and private equity, often in transactions with a strong cross-border element. All named lawyers are based in New York unless stated otherwise.

Practice head(s):

Craig Horowitz

Other key lawyers:

Aliza Levine; Ann Creed; Jim Clark

Testimonials

‘Access to partners is great. Advice given is always on point and current. Lawyers are resourceful and will find the appropriate contact for you if you are asking questions outside of specific lawyers specialty. Firm resources are excellent.’

‘Jim Clark is extremely knowledgeable and on point with his advice. Tries to help find solutions within the guidelines of the law rather than create obstacles.’

‘Craig Horowitz is always available and helpful. Provides great advice and has an excellent professional persona with clients.’

‘Craig Horowitz is outstanding. A true professional.’

‘Very responsive, pragmatic and solutions focused.’

Key clients

1-800-Flowers

Arch Capital Group

Audax Mezzanine

Bank of Montreal

BNP Paribas

Broadridge Financial Solutions

Cable One

Citigroup

Credit Suisse

Deutsche Bank

Envigo International Holdings

Healthcare Royalty Partners

ICON plc

Jefferies

JPMorgan

Morgan Stanley

Nomura

PNC

S&P Global

Trans World Entertainment/Kaspien

UBS

Wells Fargo

Work highlights

  • Advised ICON plc with respect to the $12bn acquisition of PRA Health Sciences, Inc. (and the related financing).
  • Advised an acquisition vehicle formed by Arch, Warburg and Kelso with respect to its $700m acquisition of Watford Holdings.
  • Advised Envigo with respect to Inotiv’s acquisition of Envigo for an enterprise value of approximately $485m.

Firm overview: With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel LLP has built a national reputation for capital markets prowess and high-stakes litigation excellence and is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.

Main areas of practice
Transactional: Cahill represents a broad range of financial institutions and other companies in all types of transactional and advisory work.

Capital markets and lending: Widely recognized as the leading law firm in leveraged finance, Cahill has long and close working relationships with many prominent international banking institutions. The firm’s capital markets and lending practice represents lenders and borrowers in loan financings, underwriters and issuers in debt, equity and equity-linked securities offerings and dealer managers and solicitation agents in exchange offers, tender offers and consent solicitations, in leveraged, distressed, high-grade and cross-over credits. Cahill also represents mezzanine lenders and private equity investors in leveraged and strategic transactions.

Building on 20 years of experience in the London market, Cahill recently expanded its London office with a well-known English law finance team and additional New York law finance capability. The team has extensive experience in the European leveraged finance and high-yield market.

Cahill has a long history of working collaboratively around the table with leading private equity firms and corporations and their counsel, including on cross-border transactions. Cahill has advised financial institutions on many of the largest and most sophisticated M&A and LBO debt financings, including nine of the ten largest US-based LBOs completed to date.

A dominant force in the high-yield market, Cahill has been ranked #1 in the league tables for advice to underwriters of high-yield bonds by Bloomberg since 2005 and ranked #1 for advice to arrangers of leveraged loans by Refinitiv (formerly Thomson Reuters LPC) since 2010.

Mergers and acquisitions: Cahill advises public and private corporations, private equity firms and their portfolio companies, and boards and special committees across a variety of industries in connection with mergers, acquisitions, dispositions, joint ventures, spin-offs and other significant strategic transactions. The firm also advises clients on acquisition finance, growth equity and other minority investments, governance, disclosure and compliance matters, providing its clients a single point of contact and delivering exceptional efficiency.

Corporate advisory: As regular outside counsel to a diverse group of US and non-US private and public companies, Cahill advises on all aspects of corporate governance, regulatory compliance and planning, board and executive compensation, corporate investigations and crisis management and other legal issues in all aspects of our clients’ businesses. In the increasingly important area of ESG, we also provide companies advice on navigating sensitive issues and disclosure. Our extensive experience in this area enables us to provide efficient, cost-effective counseling and guidance on the full spectrum of issues facing companies, at all stages of growth.

Bankruptcy and restructuring: Cahill frequently represents and advises all of the various constituents in complex domestic and cross-border restructuring matters, including formal bankruptcy court proceedings and out-of-court transactions. It has significant experience representing debtors and borrowers, boards of directors, equity sponsors and other investors and regularly represent administrative and collateral agents and lenders, including DIP and exit lenders, with respect to secured financings in bankruptcy and restructuring matters.

Litigation: In its litigation practice, Cahill manages large-scale securities, insurance, antitrust, First Amendment, intellectual property, professional liability and white collar matters that are often international in scope.

Securities litigation and white-collar defense: Cahill lawyers have been on the front lines of largescale securities litigation for nearly a century, focusing on the leading issues of the day. Cahill represents issuers, underwriters, bank lenders, placement agents, officers and directors, accountants, lawyers and broker/dealers in large-scale securities litigation and investigations throughout the world. It has represented participants in complex securities class action litigation and parallel governmental investigations involving financial exposures in the billions of dollars. Often these matters involve coordination with parallel governmental investigations, congressional and regulatory investigations, domestic and foreign bankruptcies and state court actions.

Corporate governance and investigations: Cahill advises boards of directors, special committees, and directors and officers of publicly held companies in significant corporate governance matters and investigations. Its lawyers have extensive experience conducting multinational investigations involving alleged violations of the FCPA, OFAC regulations and commercial bribery laws, BSA and AML. Cahill has managed investigations involving wire, mail, healthcare and tax fraud and fraud alleged under the False Claims Act and those arising from computer hacking and data breaches. Cahill also has a long track record conducting antitrust and price fixing investigations in markets including healthcare, pharmaceuticals, automotive industries, paper products, homebuilding, and tobacco.

Global risk assessment and anticorruption compliance (FCPA) : Cahill’s renowned cross-border risk assessment and due diligence practice advises some of the world’s largest and most respected global companies on the full range of anti-corruption matters, including due diligence, compliance, training, investigations and defense. Leveraging our experience in over 50 countries, our team brings familiarity with local challenges while developing practical compliance solutions.

Financial institution litigation, regulation and enforcement: Cahill’s broker-dealer practice ranges from narrow investigations regarding the activities of individual traders to some of the broadest global financial market inquiries ever undertaken for the largest and most prestigious global broker-dealers.

Antitrust litigation: Cahill’s lawyers are trained in a comprehensive range of antitrust and competition matters, from class action litigation and criminal and civil investigations to M&A and other strategic transactions. Cahill litigators represent clients in major civil and criminal investigations and have extensive experience defending antitrust suits asserting price fixing, bid rigging and boycotts, among other claims. It has been involved in many of the most consequential antitrust class actions in recent years, involving LIBOR, foreign exchange, municipal bond derivatives, insurance brokerage fees, IPO underwriting fees, music CDs, vitamins and thermal fax paper.

DepartmentNameEmailTelephone
Chairman William M. Hartnettwhartnett@cahill.com212.701.3847
Co-Administrative Partner Nola B. Hellernheller@cahill.com212.701.3008
Co-Administrative Partner Kimberly C. Petillo-Décossardkpetillo-decossard@cahill.com212.701.3265

Firm Overview:

With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel LLP has built a national reputation for capital markets prowess and high-stakes litigation excellence and is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.

Main Areas of Practice:

Transactional:

Cahill represents a broad range of financial institutions and other companies in all types of transactional and advisory work. In addition to the firm’s industry-leading capital markets and lending practices, Cahill delivers solutions-focused advice and deal execution in its mergers and acquisitions, corporate governance and restructuring practices, supported by specialists in antitrust, communications, executive compensation, environmental, intellectual property, real estate and tax.

Banking & Finance:

Cahill’s banking and finance practice is among the top-ranked in the world. Cahill’s lawyers advise leading commercial and investment banks in complex financing transactions while also counseling mezzanine lenders, private equity investors and companies in leveraged and strategic transactions. Clients rely on Cahill to deliver advice and deal execution in some of the most challenging transactions in the market today across leveraged finance, investment grade finance, asset-based lending, private debt and direct lending and middle market lending. Our transactions further span acquisition financings, leveraged buyouts, going-private transactions, recapitalizations, project financings, bridge lending and loan commitments. Cahill has ranked #1 for advice to arrangers of leveraged loans by Refinitiv (formerly Thomson Reuters LPC) since 2010.

Capital Markets:

Cahill’s capital markets lawyers take a commercial and collaborative approach, advising global financial institutions and companies on domestic and cross-border transactions. Clients seek out Cahill, especially when the factual and legal issues are challenging and the financing structures are complex. A dominant force in the high-yield market, Cahill has been ranked #1 in the league tables for advice to underwriters of high-yield bonds by Bloomberg since 2005. While best known for our four decades leading the high-yield bond market, our deep bench of attorneys work across a wide variety of capital markets products, representing underwriters and issuers in debt, equity and equity-linked securities offerings and dealer managers and solicitation agents in exchange offers, tender offers and consent solicitations in leveraged, distressed, high-grade and cross-over credits.

Mergers & Acquisitions:

Cahill advises public and private corporations, private equity firms and their portfolio companies, and boards and special committees across a variety of industries in connection with mergers, acquisitions, dispositions, joint ventures, spin-offs and other significant strategic transactions. The firm also advises clients on acquisition finance, growth equity and other minority investments, governance, disclosure and compliance matters, providing its clients a single point of contact and delivering exceptional efficiency.

Corporate Advisory:

As regular outside counsel to a diverse group of U.S. and non-U.S. private and public companies, Cahill advises on all aspects of corporate governance, regulatory compliance and planning, board and executive compensation, corporate investigations, crisis management and other legal issues in all aspects of our clients’ businesses. Our extensive experience enables us to provide efficient, cost-effective counseling and guidance on the full spectrum of issues facing companies, at all stages of growth.

Environmental, Social and Governance (ESG):

Cahill guides executives, boards and their committees as they face increasingly complex environmental, social and governance (ESG) compliance and disclosure matters, each made more complicated by the increasing investor focus on a growing number and variety of issues encompassed under the ESG umbrella. Our multidisciplinary ESG team addresses M&A due diligence and post-transaction integration, governance and controls for boards and management, ESG practices in global supply chains, reporting and disclosure, crisis management and investigations, finance (including sustainability-linked loans and bonds), and governance matters for pro bono clients.

Private Credit:

Cahill’s growing private credit practice advises leading direct lenders, CLOs, BDCs, private credit, mezzanine and structured equity funds as well as other institutional investors across a broad range of private credit and structured equity transactions. Cahill’s position as the leading adviser to banks in leveraged lending produces tangible benefits to its private credit clients where continuously evolving market terms for private credit and structured equity investments often originate in the large cap leveraged financing and high-yield markets. Cahill’s leading market knowledge of emerging trends allows our lawyers the dexterity to match the right deal technology and deal terms with each client’s particular transaction needs, regardless of deal size.

Bankruptcy & Restructuring:

Cahill frequently advises all of the various constituents in complex domestic and cross-border restructuring matters, including formal bankruptcy court proceedings and out-of-court transactions. Cahill regularly represents administrative and collateral agents and lenders, including DIP and exit lenders, with respect to secured financings in bankruptcy and restructuring matters and also has significant experience representing debtors and borrowers, boards of directors, equity sponsors and other investors with respect to such matters, including distressed asset purchasers.

Litigation:

Cahill manages large-scale (and often cross-border) securities and commercial litigation, white collar and corporate governance matters, as well as insurance, antitrust, First Amendment, intellectual property, and professional liability cases.

Securities Litigation & White Collar Defense:

Cahill lawyers have been on the front lines of large-scale securities litigation for nearly a century, focusing on the leading issues of the day. Cahill represents issuers, underwriters, and companies, officers and directors, accountants, lawyers and investors in the U.S. and elsewhere. It has represented participants in complex securities class action litigation and parallel governmental investigations involving billions of dollars in exposure. These matters frequently involve coordination with governmental inquires, congressional and regulatory investigations, domestic and foreign bankruptcies and state court actions.

Corporate Governance & Investigations:

Cahill advises boards of directors, special committees, and directors and officers of publicly held companies in significant corporate governance matters and investigations. Its lawyers have extensive experience conducting multinational investigations involving alleged violations of the Foreign Corrupt Practices Act (FCPA), Office of Foreign Assets Control (OFAC) regulations and commercial bribery laws, the Bank Secrecy Act and money laundering statutes. Cahill conducts investigations involving wire and mail fraud, tax and healthcare fraud, False Claims Act allegations, and hacking and other data breach matters. Cahill also has a long track record conducting antitrust and price fixing investigations in industries including healthcare, pharmaceuticals, automotive, paper products, homebuilding, and others.

Global Risk Assessment & Anticorruption Compliance (FCPA)

Cahill’s renowned cross-border risk assessment and due diligence practice advises some of the world’s largest and most respected global companies, private equity firms, and asset managers on anti-corruption, AML and trade sanctions risks. This includes pre-acquisition due diligence in high-risk jurisdictions and industries, post-acquisition compliance remediation and implementation, ongoing enhancements to policies, procedures and controls, and training. Leveraging experience in over 50 countries, our team brings familiarity with local challenges while developing practical compliance solutions.

Financial Institution Litigation, Regulation & Enforcement:

Cahill’s broker-dealer practice encompasses matters from discrete investigations involving individual traders to some of the broadest global financial market inquiries ever undertaken for the largest and most prestigious global broker-dealers.

Antitrust Litigation:

Cahill’s lawyers handle a comprehensive range of antitrust and competition matters, from class action litigation and criminal and civil investigations to M&A and other strategic transactions. Cahill litigators represent clients in major civil and criminal investigations and have extensive experience defending antitrust suits alleging price fixing, bid rigging and boycotts, among other claims. The firm has been involved in many of the most consequential antitrust class actions in recent years, involving LIBOR, foreign exchange, municipal bond derivatives, insurance brokerage fees, IPO underwriting fees, the recording industry, and healthcare.

Cryptocurrency & Blockchain:

Cahill’s digital assets practice leverages the firm’s preeminent securities litigation and white collar defense and corporate governance and investigations groups, to advise clients on a range of digital asset issues, including cryptocurrencies, stablecoins, initial coin offerings (ICOs), decentralized finance (DeFi), and blockchain technology. Our team includes one of the only former federal prosecutors who was at the forefront of digital asset enforcement, and can provide unparalleled insight and guidance to companies engaging in this complex and rapidly evolving sector.

DepartmentNameEmailTelephone
Chairman William M. Hartnettwhartnett@cahill.com212.701.3847
Co-Administrative Partner Nola B. Hellernheller@cahill.com212.701.3008
Co-Administrative Partner Kimberly C. Petillo-Décossardkpetillo-decossard@cahill.com212.701.3265